Baytex Reports Strong Q3 2018 Results and Significant Duvernay Light Oil Discovery

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Baytex Energy (BTE:CN) (BTE) PT Lowered to Cdn$5.50 at RBC Capital

November 5, 2018 7:28 AM EST

RBC Capital analyst Greg Pardy lowered the price target on Baytex Energy (BTE:CN) (NYSE: BTE) to Cdn$5.50 (from Cdn$6.00) while maintaining an Outperform rating.

Pardy notes Q3 results were solid again highlighted by a couple of big wells in the emerging East Duvernay.

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Baytex Energy (BTE) Tops Q3 EPS by 18c

November 2, 2018 6:37 AM EDT

Baytex Energy (NYSE: BTE) reported Q3 EPS of $0.07, $0.18 better than the analyst estimate of ($0.11).

Our strategic combination has repositioned Baytex as a North American crude oil producer with strong free cash flow and an improved balance sheet. We have completed the integration while delivering... More